Mass. Gen. Laws ch. 165 § 22

Current through Chapters 1 to 249 and Chapters 253 to 255 of the 2024 Legislative Session
Section 165:22 - Satisfaction of judgment against shareholders after dissolution

If no corporate property can be found to satisfy a judgment recovered against the shareholders after the dissolution, and it is not satisfied within six months after it is recovered, the judgment creditor may satisfy the same out of the private estate of the shareholders or any of them, as if the judgment had been against them in their private capacity.

Mass. Gen. Laws ch. 165, § 22